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Flooring & Tiles

The Hardwood Flooring Cost Guide

By on Apr 1, 2016
The Hardwood Flooring Cost Guide

Hardwood flooring is the most accepted flooring option today and unless you want an outdated home, hardwood better be part of your remodeling plans. Nonetheless, before you browse the endless array of hardwood flooring types, you need to know all the costs that accompany them.

Below is our ultimate hardwood flooring cost guide, where I break down the installation costs, refinishing costs, material costs and the various hardwood flooring options.

Hardwood Flooring Costs

Hardwood Flooring Installation Cost

As our hardwood flooring installation cost guide indicates, you can expect to pay roughly $4,840 for 500 square feet of materials, labor and delivery. When compared to other flooring options, such as tile or carpet, hardwood is more expensive. However, home remodelers will be delighted to hear that hardwood is one of the most durable choices on the market.

Hardwood owners like to point to its ability to withstand everyday wear and tear. Additionally, hardwood is very easy to clean and with a simple refinishing job, your floors can look as good as new for a fraction of the installation price.

Please note that the overall installation price will largely depend on the type of hardwood you choose.

Hardwood Refinishing Costs

Hardwood Flooring Refinishing Costs

Heavy traffic, moving furniture, pets and an abundance of other factors can ruin the finish of any hardwood floor. In order to preserve the beauty and sparkling finish of your hardwood floors, a professional refinishing job is usually in the cards. According to our wood floor refinishing cost guide, homeowners generally spend between $700 and $2,500. In the mid-range of wood floor refinishing, the majority of consumers will spend $1,200 to $1,600. As always, there are certain factors that can fluctuate this price.

Condition and Square Footage

A huge portion of your hardwood flooring refinishing bill will depend on the current condition of your floor. If there is scratch here and there, the project will not be expensive. However, if you have neglected your hardwood floors for years, the refinishing process will take longer and bring additional costs. Needless to say, try to maintain your floors as much as possible.

Next comes square footage. Most companies charge by the size of the project. However, just because you are refinishing a smaller space, it doesn’t mean you will receive a good price. Think of hardwood refinishing like Costco. You generally get a better price per unit if you buy in bulk. Therefore, if you choose to refinish a small hallway or small portion of your floor, the cost per square foot could be higher than if you chose to refinish the entire room. As our flooring repairs cost guide indicates, most homeowners spend $3 to $4 per square foot for hardwood refinishing jobs.

Hardwood Color

Color & Materials

Just like the condition, if you choose to go with high-end finishes, the overall refinishing costs will rise. This includes the sealants, waxes and finishes. However, just like hardwood installation, the higher upfront costs will pay off in the long run.

Finally, the desired color plays a role in your hardwood refinishing project. If your floors are light and want to go with a darker finish, the overall cost usually doesn’t change. However, if you want to go from a dark to a light finish, much more sanding and processing is required. Sadly, this brings the labor and materials costs up.

Note: Refinishing hardwood stairs is more expensive than your standard living room due to its uneven area.

Hardwood Flooring Types

As I said earlier, a huge aspect of hardwood installation and refinishing is the flooring type. As I noted here, there are many different flooring options. Before going over the price of a few, below are some of the most popular hardwood flooring types.

  • Oak
  • Mahogany
  • Lyptus
  • Ash
  • Hickory
  • Pine
  • Cherry
  • Brazilian Cherry
  • Walnut
  • Rosewood
  • Maple

Hardwood Types

Hardwood Material Costs

We do a lot of research when it comes to flooring costs. Above, I touched on the overall installation costs of hardwood flooring. Those prices assume that you hire a professional. However, we know some of our avid readers are handy individuals. Therefore, we researched the material costs of some of the most popular types of hardwood floors.

Wood

  • Maximum: $5 per square foot
  • Minimum: $10 per square foot 

See more here.

Wide Plank

  • Minimum: $3.95 per square foot
  • Maximum: $12.83 per square foot

See more here.

Solid Oak

  • Minimum: $8 per square foot
  • Maximum: $14 per square foot

See more here.

White Oak

  • Minimum: $3.69 per square foot
  • Maximum: $5.09 per square foot

See more here.

Walnut

  • $4 to $9 per square foot

See more here.

Pine

  • Minimum: $4.57 per square foot
  • Maximum: $5.74 per square foot

See more here.

Red Oak

  • Minimum: $1,520
  • Maximum: $1,930

See more here.

Maple

  • Unstained: $6 to $8 per square foot
  • Stained or Sealed: $7 to $14 per square foot

See more here.

Reclaimed Wood

  • Minimum: $8.18 per square foot
  • Maximum: $10.43 per square foot 

See more here.

Ash

  • Minimum: $7 per square foot
  • Maximum: $18 per square foot

See more here.

Brazilian Cherry

  • Minimum: $4 to $5 per square foot for good quality
  • Maximum: $8 to $9 per square foot for the best quality

See more here.

Conclusion

Hardwood flooring is the way of the future. The larger installation cost may scare you, but with regular maintenance and a little TLC, hardwood floors will have that sparkling appearance for years to come.

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